The Technicals of WebSafety Provided by ProofUp
HUNTINGTON BEACH, Calif. - May 18, 2020 - PRLog -- Are you looking for a safe investment with a reasonable rate of return in a volatile market?
Proofup.io has been analyzing the market for the past 60 days looking for that exact opportunity.
Our team of analysts believe they have uncovered a hidden gem in the US over-the-counter market.
This company's share price is currently trading well below its 52-week high, and like many companies whose share price has declined to 52-week lows, or all-time lows in some instances, and have bounced back, Websafety Inc is poised and positioned to do the same.
As early as January 17th WebSafety Inc was trading at $1.00 a share, and as of the close on May 5th shares were available for $0.20 per share. Our first thought was that this is a typical small cap company that has gone through some toxic financing and is feeling the pressure from an influx of shares into the float. But after lengthy research our analysis found that the decrease in share price had nothing to do with toxic financing our share dilution, but more to due with investor uncertainty amid a pandemic.
There has been a zero share increase in the tradable float and there has been zero toxic financing. With those two key indicators staying the same, the laws of supply and demand that existed when the share price was $1.00 still exists today. That's what makes WebSafety Inc one of the most dynamic stocks on the over-the-counter markets today.
Proofup.io believes WebSafety Inc will begin to regain its share value in the coming weeks as investors become more comfortable with the global state of affairs and begin looking for opportunities to make sound long term investments.
Founded in 2006 and based in California, WebSafety, Inc. provides mobile device software solutions that allow parents to monitor and control what their children access through their smartphones or mobile devices.